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Home Education

What Is The IBPS Exam Meant For?

by John
June 14, 2022
in Education
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IBPS Exam
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The Institute of Banking Personnel Selection (IBPS), an autonomous entity, manages the bank recruiting process in India by administering standardised written tests. The Institute of Banking Personnel Selection (IBPS) administers the IBPS exam, which is a common written test (CWE) for bank employees in India. Each post has its own CWE, which is an objective type exam. The announcement for IBPS clerk 2022, is soon to be made public and this is likely to attract many aspirants.

What Is The Format For IBPS Exam?

The IBPS exam uses a combination of current technologies, the test tries to assess a candidate’s speed, accuracy, and academic expertise. IBPS holds bank exams for four positions: Probationary Officer, Clerk, Regional Rural Banks Officers Scale I, II, III, Office Assistant, and Specialist Officer for HR, Law, IT, Marketing, Management, and Agricultural Field Officer, the competition may be tough, but the IBPS clerk salary is definitely worth it.

The IBPS Clerk 2022 selection procedure begins with the announcement of the exam and finishes with a bank assignment. The candidates are chosen based on an online exam that is broken into two phases:

  • IBPS Clerk Preliminary Exam
  • IBPS Clerk Mains Exam

Candidates who pass both stages will be required to be present for document verification and induction into the allotted banks.

Candidates preparing for the prelims and mains exams should be aware of the syllabus.

  • The preliminary examination is divided into three sections: Reasoning, Numerical Ability, and English Language.
  • Quantitative Aptitude, General Awareness, Reasoning, Computer Awareness, and English Language are all tested in the mains exam.

What is the pay scale for an IBPS Clerk?

The IBPS Clerk salary is extremely lucrative and is highly sought after. Candidates must understand what the IBPS Clerk 2022 salary has to offer. The salary ranges from 19,900 to 31,908 rupees per month. 

Before beginning your preparation, it is critical to understand the IBPS Clerk job profile and salary in order to stay motivated throughout your preparation. This post will undoubtedly assist you in understanding what you can expect from the IBPS Clerk job after being selected and how much it pays.

Aside from your basic pay, there are other factors that contribute to your in-hand salary, as part of your IBPS Clerk remuneration. IBPS provides a competitive salary package to its employees. Other components of the salary package include a Dearness Allowance, House Rent Allowance, and so on.

There is a distinction to be made between CTC and in-hand salary. The in-hand salary of an IBPS Clerk is the amount you receive each month after all deductions. This amount may differ depending on the employee’s posting location. Employees posted in cities such as Mumbai, Delhi, and Kolkata are paid slightly more.

  • The starting monthly salary for an IBPS clerk is Rs. 19,900/-.
  • In addition, IBPS clerks are entitled to additional special pay and allowances.

The Institute of Banking Personnel Selection provides its employees with a competitive salary structure. They are compensated in accordance with the 7th pay commission. They receive 3-4 lakhs per year in addition to various allowances and perks. The IBPS Clerk salary is also affected by where they work and live.

Structured practice, planning, and preparation are required for better results. Using BYJU’s Exam Prep, candidates may gain access to information regarding the exam pattern, study plan, preparation advice, sample tests, previous years’ question papers, and subject expertise from mentors. Time management, techniques, and problem-solving skills are essential for exams like these. As a result, study resources are available for dedicated candidates who can truly assist you in reaching your goal.

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